Abuja, Dec. 24, 2025 -The National Assembly on Tuesday approved revised Appropriation Acts of N43.5 trillion and N48.316 trillion for the 2024 and 2025 fiscal years.
The revised bapprotval of report followed a request by President Tinubu to the National Assembly to repeal and re-enact some aspects of the 2024 and 2025 budgets
The request conveyed in a letter from the president dated Dec. 19, 2025.
The approval was granted by the two chambers with the passage of the Appropriation (Repeal and Re-enactment) Bills for 2024 and 2025 by both chambers.
In the Senate, the approval followed the adoption of the report of the Senate Committee on Appropriations presented by Senator Solomon Adeola (APC, Ogun West), its chairman.
Adeola said the 2024 Appropriation Act was being repealed from N35.005 trillion to N43.561 trillion due to meet additional security, humanitarian and economic intervention demands.
He said additional N8.5 trillion was added to the capital component to meet the new demands.
Adeola also said the N54.99 trillion budget of 2025 fiscal year was revised to N48.316 trillion as N6.7 trillion in capital expenditure was deferred to the 2026 fiscal year due to revenue constraints.
The House of Representatives also approved the revised budget after considering the report of its Committee on Appropriations, presented by Abubakar Kabir Abubakar, its the Chairman.
